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Mexico-Border-CrossingMexico Insurance Online (MIO) has released the 2015 Mexico Auto Insurance statistics, based on the Association of Mexico Insurance Institutions (AMIS) Tourist Auto Insurer results. Insurance Premiums increased by almost $11 million, compared with 2014, and the total growth in the industry was almost 22% compared with 2014. Claims loss ratios decreased by 16%, especially with the insurers MIO represents, meaning increased profitability for these insurers. The AMIS results also show which insurance companies have been given an “A” rating from A.M. Best, a measure of financial stability in the market. MIO’s insurers all carry an “A-” or better rating from A.M. Best. The Mexico insurance market is markedly growing and MIO offers the best Mexico insurance for those who travel from the US or Canada to Mexico.

Read more about the AMIS Tourist Auto Insurer Rankings.

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